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Bank of America announced new secured credit options to help small businesses including a credit card and credit line, as well as new digital resources. See: 10 Best Credit Cards for Buying Gas...
The Merrill Accolades American Express Card, previously known as the Bank of America Accolades Card, was the first premium credit card offered by Bank of America.It is targeted exclusively at the bank's "affluent, wealthy and ultra- wealthy clients served through Premier Banking & Investments, The Private Bank of Bank of America and its extension, Family Wealth Advisors."
With the Bank of America Cash Rewards credit card, you earn up to 3% cash back with no annual fee. The card also comes with a low introductory annual percentage rate for 15 billing cycles.
Bank of America is a member of the Global ATM Alliance, a joint venture of several major international banks that provides for reduced fees for consumers using their ATM card or check card at another bank within the Global ATM Alliance when travelling internationally. This feature is restricted to withdrawals using a debit card and users are ...
Before a company can give a payroll card to a worker, the business must first contract with a payroll card program manager. The payroll card company performs required "know-your-customer" due diligence as a condition of accepting the application. In the United States, payroll cards are regulated by state wage-and-hour-laws and by a variety of ...
Be cautious of promotions that require a credit check or the opening of multiple new accounts in a short period of time. Frequent credit inquiries can lower your credit score temporarily.
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
Bank of America’s Advantage Relationship Banking product offers interest rates of 0.01% on your checking account balance of up to $50,000 and 0.02% on balances above $50,000.